Winnipeg was a 15/1 Grey Cup long shot a month ago, but they have tumbled all the way to 100/1 odds in the latest CFL futures posted this week.

Two Western Division teams lead the way, according to Bodog, at 2/1. The Calgary Stampeders (9-2) and Saskatchewan Roughriders (8-3) top the list while the Toronto Argonauts own the best odds among Eastern teams at 9/2.

They are just 7-4 however and just about any team could come out of the East.

Preseason favorite BC has slipped to 5/1, while Edmonton is 50/1, joining the Blue Bombers are CFL long shots. [ Full CFL standings ]

Seven weeks remain in the regular season before CFL playoffs begin. And in a small eight-team league, no team is truly out of contention.

But the odds say that Winnipeg and Edmonton (each at 2-9) have a lot of catching up to do.

Check out the latest Canadian Football League futures below courtesy of Bodog.